Unity Bancorp(UNTY)
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3 Reasons Growth Investors Will Love Unity Bancorp (UNTY)
ZACKS· 2025-01-17 18:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...
3 Cheap Small-Cap Banks for Dividend Growth Investors
MarketBeat· 2025-01-16 13:30
The financial sector is booming, including small caps like Unity Bancorp NASDAQ: UNTY, Plumas Bancorp NASDAQ: PLBC, and Community Trust Bancorp NASDAQ: CTBI. The results from 2024 show consumers remain healthy, commercial volumes are improving, and higher-for-longer interest rates drive solid investment income. These stock prices are rising because of business trends and are likely to continue rising in 2025. These bank stock prices will continue to increase because the outlook for all three industry segme ...
Compared to Estimates, Unity Bancorp (UNTY) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-01-15 15:31
For the quarter ended December 2024, Unity Bancorp (UNTY) reported revenue of $28.41 million, up 6.8% over the same period last year. EPS came in at $1.13, compared to $0.96 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $28.02 million, representing a surprise of +1.38%. The company delivered an EPS surprise of +4.63%, with the consensus EPS estimate being $1.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Unity Bancorp (UNTY) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2025-01-15 13:16
Unity Bancorp (UNTY) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.63%. A quarter ago, it was expected that this bank holding company would post earnings of $0.97 per share when it actually produced earnings of $1.07, delivering a surprise of 10.31%.Over the last four quarters, th ...
Unity Bancorp(UNTY) - 2024 Q4 - Annual Results
2025-01-15 11:09
Exhibit 99.1 Clinton, NJ -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.5 million, or $1.13 per diluted share, for the quarter ended December 31, 2024, compared to net income of $10.9 million, or $1.07 per diluted share for the quarter ended September 30, 2024. This represents a 5.5% increase in net income and a 5.6% increase in net income per diluted share. For the twelve months ended December 31, 2024, Unity Bancorp reported net income of $41.5 million, or ...
Unity Bancorp Reports Quarterly Earnings of $11.5 Million and Full Year Earnings of $41.5 Million
Newsfilter· 2025-01-15 11:00
CLINTON, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported net income of $11.5 million, or $1.13 per diluted share, for the quarter ended December 31, 2024, compared to net income of $10.9 million, or $1.07 per diluted share for the quarter ended September 30, 2024. This represents a 5.5% increase in net income and a 5.6% increase in net income per diluted share. For the twelve months ended December 31, 2024, Unity Bancorp reported net income o ...
Unity Bancorp Reports Quarterly Earnings of $11.5 Million and Full Year Earnings of $41.5 Million
GlobeNewswire· 2025-01-15 11:00
CLINTON, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.5 million, or $1.13 per diluted share, for the quarter ended December 31, 2024, compared to net income of $10.9 million, or $1.07 per diluted share for the quarter ended September 30, 2024. This represents a 5.5% increase in net income and a 5.6% increase in net income per diluted share. For the twelve months ended December 31, 2024, Unity Bancorp reported net income ...
Unity Bank Expands Sustainability Commitment with New EV Charging Stations
GlobeNewswire News Room· 2024-11-27 16:00
CLINTON, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Start your journey with a boost – for both you and your electric vehicle – at Unity Bank’s new EV charging stations, now open to the public at its Clinton, New Jersey headquarters. The stations can accommodate up to four vehicles and are part of the Lynkwell charging network. EV drivers are invited to enjoy complimentary beverages from the Unity Bank café during business hours while their vehicles charge. Employees and customers of the bank will also benefit ...
Unity Bancorp(UNTY) - 2024 Q3 - Quarterly Report
2024-11-12 14:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number 1-12431 Unity Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 22-32 ...
Unity's new CEO pitches 'fundamentally different company' after rough year
CNBC· 2024-10-17 14:00
Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries to push the company past an extended stretch of challenges. On Friday, the video game software company announced the sixth version of its flagship product, Unity Engine, a set of tools developers can use to produce games across a number of devices, including iPhones and Android phones. Unity 6 is emphasizing stability, predictable updates and the ability to support hundreds of players i ...